Business

It was a bit surprising when Cruise, the autonomous vehicle startup that’s 80% owned by General Motors, said it planned to expand its robotaxi service to Phoenix and Austin over the next three months.

FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.

A Nikola Corp. prototype of the electric vehicle startup’s planned Badger pickup truck was made partly of components from a Ford Motor Co. F-150 Raptor, the jury in the criminal trial of Nikola founder Trevor Milton was told.

Labor Day weekend has become a more popular target for cargo thieves — especially during the pandemic era — with loaded trailers sitting idle for an extended stretch proving increasingly tempting.

LONG BEACH, Calif. — Throughout 2022, the intermodal industry has responded to shifting consumer demand, supply chain disruptions, shipper demands and more.

The announcement of a tentative rail labor agreement was viewed as a positive sign by senior policymakers on Capitol Hill on Sept. 15.

Program Airs: September 15, 2022. The root of high costs and profit loss in the AP system is manually processing paper. The result of a manual process is costly due to more than just error-prone keying of information. Automating your AP system will expediate the invoice cycle time, reduce processing costs, boost staff-productivity, and more. 

CSX Corp. named Joseph Hinrichs as its next chief executive officer, handing the reins of the railroad giant to a former top executive with Ford Motor Co.

Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.

U.S. retail sales unexpectedly rose in August after declining a month earlier, as consumer demand for goods broadly held up but showed signs of moderating amid historic inflation.